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Freestanding Retail- Vacant Bank 891 Brunswick Ave 10,529 SF Vacant Retail Building Online Auction Sale Trenton, NJ 08638
INVESTMENT HIGHLIGHTS
- 10,529-square-foot retail property formerly occupied by Wells Fargo, with a three-lane drive-thru.
- Adaptable for various uses, including retail, hospitality, office, and residential.
- Steps from Capital Health Regional Medical Center, suitable for healthcare providers and community-oriented operations.
- Prominent street frontage with 200 feet on North Olden Avenue and 193 feet on Brunswick Avenue on a 0.86-acre corner parcel.
- Just a few steps from the NJ Transit bus stop with connections to downtown Trenton, Trenton Transit Center, area colleges, and shopping.
EXECUTIVE SUMMARY
Prominently positioned at a signalized corner along heavily traveled North Olden Avenue, 891 Brunswick Avenue offers a highly visible ±10,529-square-foot freestanding retail building on ±0.86 acres in Trenton, New Jersey. Formerly occupied by Wells Fargo, the property showcases classic bank architecture with a three-lane drive-thru, ample on-site parking, and dual ingress/egress, ensuring smooth accessibility and strong customer convenience.
This two-story (plus a basement) structure features adaptable layouts well-suited for a variety of commercial uses — including medical office, retail banking, professional services, or community-oriented operations — all benefiting from exceptional signage exposure to more than 20,000 vehicles per day. Its open floor plan and corner location make it an ideal candidate for re-tenanting, adaptive reuse, or redevelopment.
Located less than 2 miles from Downtown Trenton and minutes from Route 1, Interstate 295, and the Trenton Transit Center, the property offers excellent regional connectivity and proximity to a dense residential population base. The surrounding trade area boasts an average household income of nearly $100,000 and a diverse employment base, led by professional services, public administration, and healthcare and education sectors — underscoring strong local economic stability and consumer demand.
Property tours are available by appointment only. Please contact Brittany Leventoff at 845-807-9737 to schedule.
This two-story (plus a basement) structure features adaptable layouts well-suited for a variety of commercial uses — including medical office, retail banking, professional services, or community-oriented operations — all benefiting from exceptional signage exposure to more than 20,000 vehicles per day. Its open floor plan and corner location make it an ideal candidate for re-tenanting, adaptive reuse, or redevelopment.
Located less than 2 miles from Downtown Trenton and minutes from Route 1, Interstate 295, and the Trenton Transit Center, the property offers excellent regional connectivity and proximity to a dense residential population base. The surrounding trade area boasts an average household income of nearly $100,000 and a diverse employment base, led by professional services, public administration, and healthcare and education sectors — underscoring strong local economic stability and consumer demand.
Property tours are available by appointment only. Please contact Brittany Leventoff at 845-807-9737 to schedule.
DATA ROOM Click Here to Access
- Financials
- Property Information
- Title and Insurance
- Purchase Agreement
- Third Party Reports
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,529 SF
Building Class
C
Year Built
1927
Tenancy
Single
Building Height
3 Stories
Building FAR
0.28
Lot Size
0.86 AC
Parcel Numbers
Zoning
C-CC - Corridor Commercial District
Parking
64 Spaces (6.08 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Bus Line
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (83)
ABOUT TRENTON
New Jersey’s capital city, situated off the Delaware River directly between Philadelphia and New York City, has been a long-term home to many traditional big box retailers. All the major traditional general merchandise retailers have a presence here: Macy’s, Lowe’s, JCPenny, Costco, and three Walmarts comprise the top tenants list. JCPenny, in fact, has been leasing their Trenton space for an astonishing 47 years.
The removal of pandemic restrictions in New Jersey in the middle of May 2021 means increased support for the property type going forward. Trenton retail appears to have weathered the COVID-19 storm, with vacancies trending in line with the U.S. average. The metropolitan area is supported by high incomes, ranking above the 90th percentile for U.S. metros.
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
17,031
160,686
254,083
2020 Population
16,726
165,173
260,395
2029 Population
16,922
158,581
250,872
2024-2029 Projected Population Growth
-0.6%
-1.3%
-1.3%
Daytime Employees
11,342
85,398
144,372
Total Businesses
1,117
6,362
12,863
Average Household Income
$62,108
$78,377
$96,644
Median Household Income
$48,783
$59,633
$75,494
Total Consumer Spending
$133.7M
$1.5B
$2.9B
Median Age
37.4
37.1
39.8
2024 Households
5,841
56,419
94,390
Percent College Degree or Above
10%
13%
18%
Average Home Value
$145,388
$224,987
$295,629
$ values in USD
NEARBY MAJOR RETAILERS
SALE ADVISORS
SALE ADVISORS
Jacklene Chesler, Vice Chair
Jacklene serves as Vice Chair and provides Investment Sales & Advisory expertise to institutional and private investors. She focuses on all major product types including Office, Industrial, Retail, Residential/Mixed Use and Land. She has vast experience in working with Special Servicers (Loan and REO teams), Asset Mangers and other Fidicuciary Agents on CMBS and balance sheet properties, and other type of distressed assets. She is also very active with marketing and selling properties via online auctions, most notable Tenx.com.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Jacklene joined the firm in 2013. Prior to Colliers, she was a Director for the NKF Capital Markets Tri-State Team from 2008 to 2013. She has been a top 10% producer for Colliers from 2014 to current year and recognized for this achievement by being part of the prestigious Everest Club.
Patrick Norris, Vice President
Patrick Norris, Vice President, has been part of the commercial real estate industry since 2016. He specializes in institutional, as well as private investor sale transactions throughout New Jersey and the surrounding tri-state metropolitan region. In addition to executing highly competitive traditional marketing campaigns, Patrick is an expert at selling properties via online auction platforms including Ten-X Commercial.
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
Patrick has been involved in the marketing and sale of office, retail, industrial and multi-family assets. He was recognized by Real Estate Weekly as a “2018 Rising Star of Real Estate”. Patrick was named to the Mid Atlantic Real Estate Journal’s 2022 “30 Under 30”. Also he received the Platinum Broker Award by Crexi.
Patrick is a member of National Association of Industrial and Office Professionals (NAIOP) Developing Leaders, Industrial and Office Real Estate Brokers Association (IOREBA) Next Gen and International Council of Shopping Centers (ICSC).
ABOUT THE AUCTION TECHNOLOGY
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT
Pace Zambito
Contact
Auctioneer License:
Ten-X Commercial, LLC Arlene Richardson RE Brkr 2187404
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Freestanding Retail- Vacant Bank | 891 Brunswick Ave
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